Successful health technology startup Fitbit has just gained access to a new round of investment funding, to the sweet tune of $30 million.
According to a report by venture capital watcher TechCrunch, multiple sources have told the outlet that Fitbit is in the process of raising over $30 million. This influx of additional cash has helped the company notch an impressive $300 million in valuation.
While the extra funding is eye-popping, these figures should not come as a big surprise to those following the personal fitness space closely. The category is exploding with a flood of players, from device makers … Read more